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The Effect of the Global Financial Crisis on Corporate Investment in Korea: From the Perspective of Costly External Finance

The Effect of the Global Financial Crisis on Corporate Investment in Korea: From the Perspective of Costly External Finance

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Abstract

This paper examines the effect of the global financial crisis on corporate investment in Korea. Specifically, the crisis was considered to have possibly constrained firm-level investment as the negative shock to the credit supply dramatically unfolded. As

Issue Date
2015-02-25
Publisher
한국개발연구원
Korea Development Institute
Language
en
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